U

University of Pennsylvania

Ivy League university in Philadelphia, PA

University Bursar

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timePhiladelphia, PA, USA$135.3k - $150k /yr

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Business Administration, or a related field is required.
  • Candidates should have 7 to 10 years of progressive experience in higher education finance, student accounts, or tuition management.
  • Expertise in Ellucian Banner accounts receivable, particularly with tuition and fee assessment modules, is essential.
  • Strong technical proficiency, including the ability to configure and manage student financial systems, is necessary.
  • Candidates must demonstrate the ability to collaborate with university stakeholders and provide data-driven policy recommendations.
  • Exceptional written and verbal communication skills are required to effectively convey complex financial information to a broad audience.

Responsibilities

  • Oversee billing and collection of student accounts receivable, including tuition, financial aid disbursements, housing, meal plans, and student fees.
  • Manage student loan receivables and collections for a portfolio totaling more than $4 million.
  • Partner with academic and administrative stakeholders to ensure efficient, transparent, and compliant financial processes related to tuition, fees, and student accounts.
  • Lead initiatives to strengthen financial operations and assist with financial wellness efforts.
  • Oversee billing and receivables, tuition collections, financial aid disbursement support, and the accuracy and integrity of student financial transactions.
  • Support budgeting, financial reporting, and general financial operations within the university.
  • Collaborate with senior university leadership to develop long-term financial strategies, operational policies, and student financial system improvements.
  • Manage student accounts and financial operations to ensure accuracy, efficiency, and compliance with institutional and regulatory policies.
  • Oversee student billing, receivables, collections, and tuition payments while coordinating with financial aid disbursement processes.
  • Conduct financial reporting, budgeting, and compliance auditing to ensure transparency and adherence to financial regulations.
  • Educate students and families on financial processes and policies, respond to inquiries, and resolve billing concerns.
  • Support financial wellness initiatives and improve operational efficiency.
  • Collaborate with external agencies to manage collection efforts.
  • Participate in university-wide committees and vendor contract negotiations.
  • Continuously improve financial systems and processes.

Desired Qualifications

  • A master's degree in Finance, Higher Education Administration, Business, or a related field is preferred.
  • Extensive experience in higher education student financial services and tuition management is highly desirable.
  • Knowledge of federal, state, and institutional regulations governing tuition and fees is preferred.
  • Experience with TouchNet systems and international payment vendors is preferred.
  • A strong background in financial compliance, audit processes, and tax reporting, including 1098-T regulations, is advantageous.

About the Company

University of Pennsylvania

Ivy League university in Philadelphia, PA

The University of Pennsylvania is a private Ivy League research university in Philadelphia. It comprises twelve undergraduate, graduate, and professional schools, including the Wharton School, Perelman School of Medicine, and Penn Carey Law.

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